Government of Singapore Investment Corp., which manages more than $100 billion of assets, said it’s more cautious about seeking higher returns as yields remain low ahead of the “end game” in the next five to 10 years.
The average annual return on bond yields will be about 1.9 percent over the next decade, while equities may offer a 1.6 percent median real return a year during that period, said Lim Chow Kiat, chief investment officer of the fund, citing different portfolio models Full story
